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the sequestered . but did so by impacted the pentagon less heavily than the sequestered it. but divided government, i think you get the question. president said he does not want to change the money for the pentagon. mitch mcconnell said we are not raising taxes to ransom the pentagon budget cuts. a lot of focus has been on the pentagon but these are more concerned about the $50 billion in domestic discretionary spending restraint every year. you did to the republican study committee. the announced all a thing worse than sequestration would not be having savings. this stampede attempted did not take. he denied a demand that the defense budget be remain untouched, either of the public opinion or the house. i think sequestration happens. the only thing i could imagine is if they -- the r's and d's would both rather take it out of entitlements rather than the annual budgets. could they cut a deal where they save the same amount of money but out of entitlements? that is the only compromise i could see. then you get to the grand bargain idea. it seems every time i have these conversations were people as
people what they think the source of american power is, the either side pentagon or the size of the federal debt. if you're the biggest debtor in the world, it gives research and power. are you optimistic that these can be reversed? 30 seconds. >> some very optimistic about america's future. we have to approach that future with confidence. we have to get our house right, but we have to be prepared to engage with confidence abroad. we are still that shine a light on the hill that people look to. they are disappointed when we don't deliver. we're disappointed when we don't deliver. i think we can, both at home and abroad, find a way. it will not be simple. our government takes longer to get things done than a real economy would like. of the end of the day, i am optimistic. >> . q.. -- thank you. they care so much. steve case, michael porter, robert kimmitt, douglas holtz- eakin. host: caller: -- [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] price talking about the so- called fiscal cliff and what the unions have
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